Seplat Archives — Page 3 of 4 — City Business News

March 2, 2021 No Responses

Seplat Petroleum Declares $530.5m Revenue In 2020, Recommends $58m For Dividend

Seplat Petroleum Development Company Plc,Nigerian independent energy company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE), has announced its audited results for the financial year ended 31 December 2020, recording a revenue of $530.5...

February 28, 2021 No Responses

Seplat Wins NGA Award, Explains Gas Business Sustainability, Growth

Seplat Petroleum Development Company Plc has identified its fast-growing gas business as a strong catalyst for sustainable development in Nigeria. Mr. Roger Brown, Chief Executive Officer, SEPLAT, described this drive as a revolution, indicating that the...

February 2, 2021 No Responses

AGPC Raises $260m To Complete Gas Project In Nigeria

Seplat Petroleum Development Company Plc, listed on both the Nigerian Stock Exchange and the London Stock Exchange on Monday announced that its Incorporated Joint Venture (IJV), ANOH Gas Processing Company (AGPC) has successfully raised $260m in deb...

January 29, 2021 No Responses

SEPLAT Appoints Okechukwu Mba ANOH Managing Director

Seplat Petroleum Development Company Plc has appointed Mr Okechukwu Mba as the new Managing Director of ANOH Gas Processing Company (AGPC) Limited, the Incorporated Joint Venture (“IJV”) between Seplat and the Nigerian Gas Company (“NGC&#8221...

December 23, 2020 No Responses

Seplat, Waltersmith Seals Crude Purchase Agreement

Seplat Petroleum Development Company Plc, listed on both the Nigerian Stock Exchange and the London Stock Exchange, has signed a Crude Purchase Agreement (CPA) with Waltersmith Petroman Oil Limited. According to Seplat, the CPA is for the supply of between...

November 28, 2020 No Responses

SEPLAT Launches Education Initiative For Teachers

Seplat Petroleum Development Company Plc continues to make notable strides with its drive to improve the standard of education in the Country, particularly for its host States. The Company has just introduced yet another laudable educational programme targeted...

November 12, 2020 No Responses

Seplat Petroleum Announces Two Outgoing Board Members

Two members of Seplat Petroleum Development Company Plc Board, Mr Michael Alexander and Mrs Ifueko Omoigui Okauru, are to retire from the board, effective January . 31, 2021.Mrs Edith Onwuchekwa, the company’s Secretary and General Counsel, disclosed this in...

August 28, 2020 No Responses

Arunma Oteh, Rolet, Join SEPLAT’s Board

The Board of Directors of Seplat Petroleum Development Company Plc has announced the appointment of Ms. Arunma Oteh, OON and Mr. Xavier Rolet KBE as Independent Non-Executive Directors of the Company with effect from October 1, 2020. Ms. Arunm...

August 17, 2020 No Responses

Seplat Restates Commitment To Develop Imo Communities

The Chairman, SEPLAT, Dr. ABC Orjiako, said this at the weekend when he led a management team of the company in a courtesy call to the Imo State Governor, Senator Hope Uzodinma and leaders of host communities in Ohaji and others,...

August 6, 2020 No Responses

Seplat Tops Gainers’ Chart As Market Capitalisation Hit N13trillion

The market capitalisation of the Nigerian Stock Exchange (NSE) on Thursday advanced by N26 billion to hit N13 trillion mark. Speficially, the market capitalisation closed higher at N13.005 trillion compared with N12.979 trillion recorded on Wednesday...

July 31, 2020 No Responses

Minister Lauds Seplat, Explains Cost Containment In Oil, Gas Industry

The Federal Government has embarked on industry-wide cost containment measures to strengthen the oil and gas sector in order to cushion the effect of COVID-19 pandemic on the economy. Mr Timipre Sylva, the Minister of State for Petroleum Resources, said...

July 24, 2020 No Responses

Seplat, Bua Cement Top Losers’ Table As Market Capitalisation Drop By N45b

The Nigerian Stock Exchange (NSE) on Friday returned to the negative territory on with key market indices declining by 0.35 per cent. Specifically, the All-Share Index (ASI) dipped 85.04 points to close at 24,427.73 compared with 24,512.77 achieved on Thursday...

June 1, 2020 No Responses

Seplat Shareholders Get $59m Dividend For 2019

For the financial year 2019, the Board of Seplat Petroleum Development Company Plc, a leading Nigerian independent oil and gas company listed on both the Nigerian Stock Exchange (NSE) and the London Stock Exchange (LSE) ,rewarded its shareholders with $59...

December 3, 2019 No Responses

Eland Shareholders Approve £382m Takeover by Seplat

Shareholders of Eland Oil & Gas Plc have given overwhelming backing to the £382 million takeover of the company by indigenous oil & gas producer, Seplat Petroleum Development Company Plc. At two meetings of shareholders recently, resolutions in favour...